Bond Bayern Landesbank 0.6% ( DE000BLB3B60 ) in EUR

Issuer	Bayern Landesbank
Market price	100 % ▼
Country	Germany
ISIN code	DE000BLB3B60 ( in EUR )
Interest rate	0.6% per year ( payment 1 time a year)
Maturity	09/12/2020 - Bond has expired
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Minimal amount	1 000 EUR
Total amount	100 000 000 EUR
Detailed description	Bayerische Landesbank (BayernLB) is a German public-sector bank operating primarily in Bavaria, providing a wide range of financial services to corporate and public clients, including financing, investment banking, and asset management. The debt instrument identified by ISIN DE000BLB3B60, issued by Bayerische Landesbank, has successfully concluded its lifecycle. Bayerische Landesbank, or BayernLB, stands as a prominent German Landesbank and a state-backed commercial bank, playing a significant role in delivering comprehensive financial services to corporate clients, public institutions, and retail customers across Bavaria, Germany, and globally, underpinned by its public ownership and robust financial foundations. This specific bond, denominated in Euros (EUR) and originating from Germany, constituted an issuance with a total volume of EUR 100,000,000, designed to be accessible to investors with a minimum purchase lot of EUR 1,000. It carried an annual interest rate of 0.6%, providing a predictable income stream to its holders. The security, which traded at its par value of 100% prior to its conclusion, reached its scheduled maturity on December 9, 2020. As of that date, the bond was fully redeemed, confirming that all principal and any outstanding interest payments were duly returned to the bondholders, thereby fulfilling the issuer's commitments and bringing the instrument to its successful close.